Top 10 Cryptocurrencies by Market Capitalization After Bitcoin
Bitcoin is the first and most popular cryptocurrency, but there are many other altcoins (alternative cryptocurrencies) available. Here is a list of the top 10 cryptocurrencies by market capitalization, after Bitcoin:
1. Ethereum (ETH)
Ethereum is a decentralized blockchain platform that enables smart contracts and decentralized applications (DApps) to be built and run without any downtime, fraud, control, or interference from a third party. ETH is the native cryptocurrency of the Ethereum platform.
2. Tether (USDT)
Tether is a stablecoin, which means that its value is pegged to the US dollar. This makes it a popular choice for traders and investors who want to avoid the volatility of other cryptocurrencies.
3. Binance Coin (BNB)
Binance Coin is the native cryptocurrency of the Binance cryptocurrency exchange. It can be used to pay for trading fees, book travel, and purchase goods and services from merchants who accept Binance Coin.
4. XRP (XRP)
XRP is the native cryptocurrency of the Ripple network, which is a real-time global network that enables instant financial transactions anywhere in the world. XRP is used to pay for transaction fees on the Ripple network.
5. USD Coin (USDC)
USD Coin is another stablecoin that is pegged to the US dollar. It is issued by the Centre consortium, which is a joint venture between Coinbase and Circle.
6. Solana (SOL)
Solana is a high-performance blockchain platform that is known for its fast transaction speeds and low fees. SOL is the native cryptocurrency of the Solana platform.
7. Cardano (ADA)
Cardano is a smart contract platform that is designed to be more scalable and energy-efficient than Ethereum. ADA is the native cryptocurrency of the Cardano platform.
8. Dogecoin (DOGE)
Dogecoin is a meme cryptocurrency that was created in 2013. It is based on the Doge internet meme and features the image of a Shiba Inu dog.
9. TRON (TRX)
TRON is a decentralized blockchain platform that aims to create a free and open internet. TRX is the native cryptocurrency of the TRON platform.
10. Polygon (MATIC)
Polygon is a layer-2 scaling solution for Ethereum that aims to improve the scalability and reduce the transaction costs of the Ethereum network. MATIC is the native cryptocurrency of the Polygon platform.